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Dec 4, 2012
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you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust funds solvent over a long period, making it worked, you would find resistance to this stuff a great deal less. >> do you think the president has made that connection with the outreach he has done since the election or during the election? >> snowe, it is still -- no, it is still in a class warfare mode on both sides. bringing it home, thinking about what you are going to tell that person wherever you see them about this -- you can take the sting out of this thing by -- there are other people here who have political things that may have raised or not have raised t
you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust...
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Dec 8, 2012
12/12
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societal breakdown can't be solved by government, but it also can't be ignored by government. helping people make it into the middle class is a personal issue for me. my parents worked in the service industry. in almost any other nation on earth, their jobs would barely provide for daily living much less a better future. but in america, my parents made it to the middle class. today, the journey my parents made from poor immigrants to middle class, it's harder than it was in their time because the world has changed. the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean our offices. there. there you will find the dreams america was built on. th
societal breakdown can't be solved by government, but it also can't be ignored by government. helping people make it into the middle class is a personal issue for me. my parents worked in the service industry. in almost any other nation on earth, their jobs would barely provide for daily living much less a better future. but in america, my parents made it to the middle class. today, the journey my parents made from poor immigrants to middle class, it's harder than it was in their time because...
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Dec 8, 2012
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our partners are the state government. we had a change in personnel, a change in the plan, a change in the money. we are positioned today. we know what the plan is. people are in positions up to implement the plan. we will move forward. >> what does it change? >> going from schwarzenegger to brown, going from new members on the railroad authority, changing from 99 billion to 69 billion. a lot of things have changed. all of those changes have taken time. >> i will look more to sing a plan to see what those changes are. members get made up all the time. there does not seem to be a whole lot of changes. yet two administrations that made this a top priority. i would expect governor brown once this as bad as governor schwarzenegger. we have had anything but that so far. we have nothing they could sell to congress or a private company that would what to do this. i am seeing a plan to add action makes sense that i can bring back home. we continue to your members talking about the train to nowhere. bakersfield is not know where. -
our partners are the state government. we had a change in personnel, a change in the plan, a change in the money. we are positioned today. we know what the plan is. people are in positions up to implement the plan. we will move forward. >> what does it change? >> going from schwarzenegger to brown, going from new members on the railroad authority, changing from 99 billion to 69 billion. a lot of things have changed. all of those changes have taken time. >> i will look more to...
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Dec 7, 2012
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it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not get back into the workforce. we see the trust fund set to hit insolvency in 2016. host: we will go first to tim from carolina on the republican line. caller: good morning. how are you? i would like to ask a question. how can the government extend unemployment benefits to the tune of -- it seems like unlimited when the recession came in in 2009 and i guess bush was leaving and obama was coming in. how could they extend them that long when i am 47 years old and i have never done it in my life until 2009. yet these people were able to go way
it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not...
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Dec 6, 2012
12/12
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the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very much rned so muc that i have never learned in undergraduate hours, law school, or high school. i have learned more about history, government, the true history of this country. not what we have been spoonfed in high school. or in critical about the pleasant stories where we were happy with smiles on their face. where we have come from and how far we have come and how far we can go in terms of really being that bright and shining lfght for other countries to follow by example. host: is that it? caller: please, please, is there some way
the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very...
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Dec 9, 2012
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i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense the president has called for and included a tax increase the president wanted on high-income americans and had substantial spending cuts. why cannot the president do the same thing? guest: those cuts were specified in general terms only. guest: i would love for the president to come in as the general. host: democrats line, good morning. caller: our you doing today? i will be real quick -- this is a joke. every time i see this mr. aikens on tv, i laughed. this guy was with the regime that put us in this mess today. here is talking about soci
i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense...
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Dec 3, 2012
12/12
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a government decides of course tell you that you can't make a risky decision, is a government that can deny you the right to have a healthy decision. you can't have both of them. >> you support the mayor, you support his ban on donations to homeless shelters? one man who donated for 20-years was turned away because he tried to give bagels and carrot stew because you didn't know the salt and sugar content? >> at homeless shelters you support that? >> let me make this very clear about what i support or don't support. i go to are restaurant i have my own choices. i ask the waitress can you tell the chef to make sure he is not sa salting my items. i you make the choices. >> you don't want salt? i don't get salt. >> you are trying to ban it. >> i am going to limit the amount of salt that goes into your plate. i am sieving you life and the life of theme of this nation. >> thank you so much felix for saving my life. joel thank you for giving me more choices which i refer -- prefer. >> current leaders think it's their right to make us exercise and lose weight and more must be done to get healt
a government decides of course tell you that you can't make a risky decision, is a government that can deny you the right to have a healthy decision. you can't have both of them. >> you support the mayor, you support his ban on donations to homeless shelters? one man who donated for 20-years was turned away because he tried to give bagels and carrot stew because you didn't know the salt and sugar content? >> at homeless shelters you support that? >> let me make this very clear...
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the federal government can come in just end this but i hope obama if you are listening right now if you have compassion for everybody out here. coming up in the medical watch tackling a growing problem increasing injuries how to make sure your charitable donation is going to a worthy cause. cheerleaders injuries are skyrocketing cheerleading is drawn the attention of a different force, medicine experts who are crying foul. when she made the squad at depaul university. >> i am shorter so they can get you higher in the air we were tested movements on the mats, they throw you up in the air spaniel and bring you back down. caitlin slipped through. >> i landed with my toes pointed so i tore it 3-4 ligaments in my foot. a painful injury but not as serious as some of the others. then of course the big concern is really catastrophic injuries like concussions and skull into neck fractures the national average among cheerleaders is five catastrophic injuries a year. a lot of gymnastics stiles tons, a lot of tumbling pyramid buildings and basket tosses that's when his colleagues spoke up and wrote
the federal government can come in just end this but i hope obama if you are listening right now if you have compassion for everybody out here. coming up in the medical watch tackling a growing problem increasing injuries how to make sure your charitable donation is going to a worthy cause. cheerleaders injuries are skyrocketing cheerleading is drawn the attention of a different force, medicine experts who are crying foul. when she made the squad at depaul university. >> i am shorter so...
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wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been asking for. erick kanter announced today there will be no adjournment into a credible solution to the fiscal cliff is found. >> house lawmakers proposed a bill today they claim will bring the costs under control and provide a safe retirement, it creates two groups of public employees those hired before 2011 and those hired since then and for those hired before 2011 there receive their cost-of- living increases only applied to the first $25,000 of their pension and they will have to contribute more up to 2%. and it is now up to lawmakers to approve a measure that will allow undocumented immigrants in illinois to rece
wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been...
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think about cash high yield or government related high yield barbell. that is step one. 50% government related securities, 50% high yield bonds. you can increase your real yield aad you're trading some interest rrte risk for some credit risk. now investors usually say to me you generated income for me but it is all dollars, right? how do i diversify the dollar exposure? we talk about international bonds. higher yields the united states. foreign currency exposure. the next question is i don't want any currency exposure. that's when you start to think about adding gold, real estate, master limited partnerships and physical commodities. lauren: you're saying go global with at least some of your investments, at least equity invests. where globally? what countries? >> i don't think it is about countries but i think it is more wheres generate revenue. a lot of great companies around the united states will generate revenue around the world. look at companies domiciled in 50 states where the opportunities doesn't make a lot of sense. it might have made sense 40
think about cash high yield or government related high yield barbell. that is step one. 50% government related securities, 50% high yield bonds. you can increase your real yield aad you're trading some interest rrte risk for some credit risk. now investors usually say to me you generated income for me but it is all dollars, right? how do i diversify the dollar exposure? we talk about international bonds. higher yields the united states. foreign currency exposure. the next question is i don't...
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Dec 8, 2012
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they pay the state, the local, the fatigue government in taxes. what america should be addressing is two things. one, we should be addressing generational theft. we now as a country borrow 40 cents of every dollar that the government spends, and we've accumulated 16 trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now, this is the kind of generational theft that has never happened in this country until now, and neerlt part neits addressing this on a regular basis. both parties are arguing over how to tax the rich. now, number two. greed and overspending. for all the talk about greedy rich people in america, how is it possible that politicians' greed is never addressed? after all, they robbed the social security trust fund. they spent it. that's your retirement money that was supposed to be put away in a safe lock box. they spent that money. medicare is also headed for bankru
they pay the state, the local, the fatigue government in taxes. what america should be addressing is two things. one, we should be addressing generational theft. we now as a country borrow 40 cents of every dollar that the government spends, and we've accumulated 16 trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now,...
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Dec 9, 2012
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government. one clear difference between the army and the navy, and i'll take the opportunity here the to give a little poke at the army for this, is that within the army most officers went with their states. most people are aware of that famous internal debate that rocket e. lee -- robert e. lee supposedly had, boot steps echoing on the stairs as he thought all night about what he should do. navy, not so much. southern-born naval officers, more than half, actually stayed with the national governor even though they were southern-born. now, you could say this was because, obviously, through the naval academy they understand more about loyalty than they do at west point -- [laughter] >> most of these guys didn't go to the naval academy. [laughter] >> naval academy created in 1845, so the senior officers had come up the old-fashioned way, midshipmen on up learning on the job. but a cynic would also say, you know, the confederacy doesn't have any ships. so maybe my opportunities are greater -- whatev
government. one clear difference between the army and the navy, and i'll take the opportunity here the to give a little poke at the army for this, is that within the army most officers went with their states. most people are aware of that famous internal debate that rocket e. lee -- robert e. lee supposedly had, boot steps echoing on the stairs as he thought all night about what he should do. navy, not so much. southern-born naval officers, more than half, actually stayed with the national...
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this latest effort comes amid reports that the government of syrian president bashar al- assad may be preparing to use chemical weapons. syria's foreign minister says his nation would never use chemical weapons against its own people.. and he warns that any foreign intervention against syria would be "catastrophic". a prominent software maker is in custody in guatemala, and could be deported to belize today. belize authorities want to talk to john mcafee about the fatal shooting of his neighbor, american businessman gregory faull, back in november. he went into hiding for several weeks, and finally revealed guantemala. his lawyer filed a formal request for asylum there yesterday, saying he escaped from belize to escape police persecution. new york's so-called "soccer mom madam" is promising to name names ... in a new tell-all book. anna gristina pleaded guilty in september to promoting prostitution. she's sentenced to six months in jail and five years probation. prosecutors say the mother of four ran a 10-million-dollar prostitution ring in manhattan for 15 years. gristina first said
this latest effort comes amid reports that the government of syrian president bashar al- assad may be preparing to use chemical weapons. syria's foreign minister says his nation would never use chemical weapons against its own people.. and he warns that any foreign intervention against syria would be "catastrophic". a prominent software maker is in custody in guatemala, and could be deported to belize today. belize authorities want to talk to john mcafee about the fatal shooting of...
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Dec 10, 2012
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government could do and the government to government. it's how you build the nonproliferation norms in the society themselves. >> i'm going to ask a direct question because the non-proliferation i get that, it makes sense. we always on the government work better and be better coordinated but here's a direct question if anybody else knows the answer please, speegap. how much does the government spend annually? fighting, nonproliferation in the middle east, let's back up again. this is the sum of all fears, this is the middle east. it went through five or six examples when the post war period we've already seen the government in the attacks and thousands of people killed i don't think anybody in this room needs a lesson on the kind of regime and the kind of terrorist organizations that are in the middle east and that come out of the swamp that is the middle east and so i would assume as a layperson that we must be spending billions in fighting the middle east nonproliferation. actually i do not know because as i explained, they are so desp
government could do and the government to government. it's how you build the nonproliferation norms in the society themselves. >> i'm going to ask a direct question because the non-proliferation i get that, it makes sense. we always on the government work better and be better coordinated but here's a direct question if anybody else knows the answer please, speegap. how much does the government spend annually? fighting, nonproliferation in the middle east, let's back up again. this is the...
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Dec 5, 2012
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the laws governing the disabled. senator lee just admitted it doesn't affect any law in the united states. all it does is create a committee on the rights of persons with disabilities. what can committee do? all it can do is review and make suggestions. are we scared in the united states of america of someone making a suggestion to us about how we might do something? no recourse, no legal standing -- the foreign relations committee even included language with advice and consent to make it crystal clear. so when we afraid of? that the committee would give us this advice? the second misconception is that this will allow the federal government to determine what is best for children with disabilities. again, mr. president, that is just flat wrong. the treaty does not give the federal government or any state government and a new powers with respect to children and disabilities. it does not change the balance of power and it does not require any change to existing state or federal law. the justice department, dick thornbur
the laws governing the disabled. senator lee just admitted it doesn't affect any law in the united states. all it does is create a committee on the rights of persons with disabilities. what can committee do? all it can do is review and make suggestions. are we scared in the united states of america of someone making a suggestion to us about how we might do something? no recourse, no legal standing -- the foreign relations committee even included language with advice and consent to make it...
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Dec 6, 2012
12/12
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CNBC
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it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of how well we could be doing, think about this. the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger t
it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of...
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Dec 2, 2012
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federal government can run deficits. when you have these incredible recessions, you want to do cyclical policy like cutting when things are bad and growing when things are good. maybe the federal government should be handling there and have the revenue sharing that was part of the recovery act. >> i think you are making an important point. when we talk about what's going to happen with the fiscal fiasco, it's a cliff, a political construction. 18% of federal grants to states are at risk. when we hear from governor malloy, what it means for connecticut, it's devastating. one of the things that means is that we have to look at what it means to think about federal support. states are actually the distribution vehicles for important programs to support people to feed their families. if you just take the woman and infant nutrition program, which is one of the programs we are looking at being slashed, you are talking about people who actually are trying to feed their families working 12 hours a day. states are actually the dis
federal government can run deficits. when you have these incredible recessions, you want to do cyclical policy like cutting when things are bad and growing when things are good. maybe the federal government should be handling there and have the revenue sharing that was part of the recovery act. >> i think you are making an important point. when we talk about what's going to happen with the fiscal fiasco, it's a cliff, a political construction. 18% of federal grants to states are at risk....
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Dec 7, 2012
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a year into it the government realized there was a wartime manpower shortage. and when the military was opened up. thousands of young japanese americans went to fight for this country. they were put into a segregated unit and fought on the bloody battlefields in europe. and came back the most decorated and exercised something that was very important. they did it for their family certainly, but for the greater good because they loved america. they sacrificed themselves and many many perished on those fields and that is the kind of situation we are faced with now and those republicans can't seem to get it. they are so bull headedly when theed to their philosophy. we need to raise taxes to meet the crisis. and they would rather plunge down that cliff and plunge us into another economic catastrophe because the sequester is going to cancel the military contracts that we have and that means unemployment for many many years ahead. and all it takes is everybody rallying together and sacrificing a tiny bit. during what we enjoyed during the clinton jeers. lots of jobs b
a year into it the government realized there was a wartime manpower shortage. and when the military was opened up. thousands of young japanese americans went to fight for this country. they were put into a segregated unit and fought on the bloody battlefields in europe. and came back the most decorated and exercised something that was very important. they did it for their family certainly, but for the greater good because they loved america. they sacrificed themselves and many many perished on...
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the government says drugs are illegal, drugs everywhere, just because the government is going to say now what we're going to limit guns, why do people think that's not going to have the same results? >> we have an extraordinary run-up in the sale of guns this year and especially that black friday record which was stunning. thank you very much indeed. and how is this for economic controversy? baby tourism in california. charging residents in china to stay until their baby is born. and hot topic, we're talking about it and this will be new at ten that's next. ♪ stuart: new at 10:00 o'clock. controversy at a whole. mothers are willing to spend thousands of dollars to have their babies here in america. we will talk to the judge about this in just a couple of minutes. the very big story today is this. you have no idea what taxes you will be paying and 2013. if the white house has its way, it will be all taxes, all the time. the democrats are holding the line on big tax increases. we are talking about that right from the start on this monday morning. it is a go nowhere monday. there is l
the government says drugs are illegal, drugs everywhere, just because the government is going to say now what we're going to limit guns, why do people think that's not going to have the same results? >> we have an extraordinary run-up in the sale of guns this year and especially that black friday record which was stunning. thank you very much indeed. and how is this for economic controversy? baby tourism in california. charging residents in china to stay until their baby is born. and hot...
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rebel forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some
rebel forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al...
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Dec 5, 2012
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they will instead use it to pay for larger government, more public workers, and more government waste. we need to have a serious conversation about our federal debt, which is now over $16.3 trillion and going up every day. how do we get that number under control? the president and his democratic friends have suggested for years that they can do it on the revenue side; specifically, by taxing the wealthy. yet the new taxes on the rich promised by the president during the campaign would reduce -- would reduce the next ten years of deficits by only 8%, assuming they didn't do any more spending. so where is the rest of the money going to come from? we need to have a serious conversation about spending, but so far the president, congressional democrats, and the liberal interest groups that support them have refused to engage. all they can saall i can say ree here, we're ready to talk, we're raid to reach a balanced resolution that would spare the american people from the consequences of going over the fiscal cliff. and, madam president, i've only been here 36 years, but i've seen every pre
they will instead use it to pay for larger government, more public workers, and more government waste. we need to have a serious conversation about our federal debt, which is now over $16.3 trillion and going up every day. how do we get that number under control? the president and his democratic friends have suggested for years that they can do it on the revenue side; specifically, by taxing the wealthy. yet the new taxes on the rich promised by the president during the campaign would reduce --...
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Dec 8, 2012
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relative to negotiating by the federal government, it's the negotiation of the federal government to the pharmaceutical companies, so today there is actually a restriction of the federal government can't use the purchasing power to negotiate a bulk purchase to the pharmaceutical companies. it's really not to us as human newscast. it's the farm sought cal aspects of that. so when you -- your next question --'ll come back to that. what happened in mart d and actually president clinton referred to this in his speech at the democratic convention -- is actually bringing the cost of the pharmaceuticals down. what it's doing is similar to what i wag talking about relative to capitalistic competition. we did a joint venture just a few years ago with wal-mart. and we introduced a $15 a month drug plan. $15 a month. and the city thought we were crazy to do this, but what we did is we worked with wal-mart's purchasing power, wal-mart distribution capabilities capabd management and our ability to bring solutions to our members. and brought our product out. this his brought down the price of part
relative to negotiating by the federal government, it's the negotiation of the federal government to the pharmaceutical companies, so today there is actually a restriction of the federal government can't use the purchasing power to negotiate a bulk purchase to the pharmaceutical companies. it's really not to us as human newscast. it's the farm sought cal aspects of that. so when you -- your next question --'ll come back to that. what happened in mart d and actually president clinton referred to...
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Dec 7, 2012
12/12
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it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they start companies there that compete with companies here. that's a big focus in washington and hopefully there will be broad bisupport when the congress reassembles in jn after they get through the whole fiscal cliff issue and focus on making sure we have the right entrepreneur policies so we can remain the world's most trurl nation. that's what will drive economic growth up from 2%, driving unemployment down from 8% or so. that will ensure our competitiveness in what's now a more competitive world. we have to double down on entrepreneurs. it is the secret sauce that's built the american economy. >> what ab
it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they...
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Dec 9, 2012
12/12
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, the federal government in d.c. recognizes small business owners pay taxes at individual rates. when we talk about corporate tax reform or business tax reform that leaves out small business. that's not good. these people create two-thirds of new jobs. >> that's part of the reason the congressional budget office estimates unemployment will raise to 9.1% if we jump off the cliff which impacts customers, big and small. >> a fall off the cliff means the debt tax goes up. the maximum estate size exempt will fall from 5 million to 1 million. higher taxes could also have an impact on investors. small businesses rely on outside loans and investment firms to go from small to bigger. >> all this is why many polls show companies are preparing themself by hiring fewer workers, making fewer capital equipment purchases, and spending less on marketing. that has a multiplying effect on businesses that provide services and many customers are fearful of job losses, who are it is engine of our committee. >> economy. >> we asked, you a
, the federal government in d.c. recognizes small business owners pay taxes at individual rates. when we talk about corporate tax reform or business tax reform that leaves out small business. that's not good. these people create two-thirds of new jobs. >> that's part of the reason the congressional budget office estimates unemployment will raise to 9.1% if we jump off the cliff which impacts customers, big and small. >> a fall off the cliff means the debt tax goes up. the maximum...
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i'm not a big government fan. if you catch say the euro train on the continent two hours from brussels, that's pretty good, if you want government spending, here's something to show for it. there's nothing to show for it here except the department of bureaucratic compliance. charles: this was a big beef with the stimulus package. they are like -- they built a bridge that took me to stuart and it took them two years to do it. charles: hold on a second. i have to go to nicole, a bank announced they are cutting 11,000 positions? they are repositioning the company? nicole, the question is what's with the stock? nicole: the stock is moving significantly, up about 4% on a day where banking index higher. citigroup announcing 11,000 job cuts, 4% of the workforce. the savings will be roughly 1.1 billion dollars. they will be taking some pretax charges to the fourth quarter earnings of a billion. but this is basically reducing excess. and we should note this is the first move by the new ceo, michael corbatt. everybody had b
i'm not a big government fan. if you catch say the euro train on the continent two hours from brussels, that's pretty good, if you want government spending, here's something to show for it. there's nothing to show for it here except the department of bureaucratic compliance. charles: this was a big beef with the stimulus package. they are like -- they built a bridge that took me to stuart and it took them two years to do it. charles: hold on a second. i have to go to nicole, a bank announced...
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Dec 5, 2012
12/12
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some of those involved even received medals for meritorious service by the russian government. sergei magnitsky's death is part of a troubling belief on human rights in russia. activists are harassed for speaking out against fraud, corruption or denial of basic rights. we saw what happened with sergei magnitsky when he tried to speak out against corruption. i'm saddened that the leadership of a great nation such as russia is resorting to these hideous tactics. they are a throwback to the soviet era, the worst of the soviet era. our friends, the russian people, deserve a vision that looks forward to a new future that includes freedom and human rights. not the past which had sad chapters of the denial of both of these. i'm pleased to speak in support of this bill. unfortunately, it doesn't include the original cardin amendment. the original cardin amendment had a global reach and said that we would treat virtually anyone guilty of these crimes the same way, denying visas and freezing their assets in the united states. that provision incidentally is similar to an amendment which i
some of those involved even received medals for meritorious service by the russian government. sergei magnitsky's death is part of a troubling belief on human rights in russia. activists are harassed for speaking out against fraud, corruption or denial of basic rights. we saw what happened with sergei magnitsky when he tried to speak out against corruption. i'm saddened that the leadership of a great nation such as russia is resorting to these hideous tactics. they are a throwback to the soviet...
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to force government to shrink itself. this is the only way they will do that in my opinion, to have strict term limits for politicians in the future, single term limits so that politics is a duty and no longer a career by buying votes with voters money in perpetuity and that is what the fiscal cliff is all about. is sucking money in a huge transfer from the private sector to big government and big government is totally destructive to the economy and the morale of the nation. dennis: i think the notion that the congress will introduce term limits is on display in a redesign of fantasyland. let's say we do go over the cliff and instead marginal rates go up on their ridge. this doesn't have to be a devastating blow to the economy. doesn't capital at some point find a way to make money? >> all i can tell you is when i came into parliament with margaret thatcher as prime minister the top rate of tax was 92% on the ridge and england was dealing its way into the ocean. margaret thatcher dropped it in the first month to sixty% an
to force government to shrink itself. this is the only way they will do that in my opinion, to have strict term limits for politicians in the future, single term limits so that politics is a duty and no longer a career by buying votes with voters money in perpetuity and that is what the fiscal cliff is all about. is sucking money in a huge transfer from the private sector to big government and big government is totally destructive to the economy and the morale of the nation. dennis: i think the...
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Dec 4, 2012
12/12
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you must go through training you must do what the government mandates you to do. you have a handgun or machine gun. you don't have the papers and you commit a crime with them or whatever. you are going to jail that message is not being sent and it should be. >> that's the better two of messages that after you have gone over the line and committed a crime with your gun then you are to be held responsible to the -- that makes more sense to me. >> here is the thing about this conversation is that i think a lot of this, the nfl coverage was strange yesterday because there was very little desire to put any blame on the player himself on belcher himself this weird situation where more people had more moral outrage about dom errant kick. you saw bob does stats entirely on handguns. >> bill: i think that's unfair to costas. >> but i think what you are doing when you start a gun control conversation about something that by the way is a total political nonstarter is that you obscure a discussion of, i don't know, domestic violence, about mental illness that may have led to
you must go through training you must do what the government mandates you to do. you have a handgun or machine gun. you don't have the papers and you commit a crime with them or whatever. you are going to jail that message is not being sent and it should be. >> that's the better two of messages that after you have gone over the line and committed a crime with your gun then you are to be held responsible to the -- that makes more sense to me. >> here is the thing about this...
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this administration sees private charities as a competitor to what the government, the federal government provides in charitable services. they also are doing that with education, by the way, any profit sector in education, is a competitor to what the government does. is there any truth to that, do you think? >> i mean the decision to give a charitable gift is driven by helping the community directly. when it goes through government, i mean we see every day the inefficiency of that, that the charity's mission starts to drift towards what the government wants rather than what the community wants, rather than the mission of the organization. david: private charity is more efficient? stuart: more basic point, when the government does so called charitable work, it is essentially distributing money, it is buying votes. liz: that's right. stuart: when a private charity does good, there's no vote buying. it is an efficient delivery of service. am i crazy? >> added to that is that many of these charities do rely upon local state and federal money for some of their programs. they are already getti
this administration sees private charities as a competitor to what the government, the federal government provides in charitable services. they also are doing that with education, by the way, any profit sector in education, is a competitor to what the government does. is there any truth to that, do you think? >> i mean the decision to give a charitable gift is driven by helping the community directly. when it goes through government, i mean we see every day the inefficiency of that, that...
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Dec 3, 2012
12/12
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cop -- costas is saying ban they law with the government taking away that second amendment right. kirsten, your argument is flawed. megyn: there are reports that the medical examiner said he had no history of head injuries but friend are saying he had several head injuries and had on heavy meds and alcohol to deal with them. he was on some group that decried domestic violence. there is a question about what motivated this crime. a lot of folks are saying he's on drugs. he's -- medical drugs. he's taking too much alcohol and he's in an organization that is by it nature violent and led to head injury, so how do you blame the gun? >> if you didn't have the gint would be far less likely there would be a fatality. i think it's what lars is doing is distorting what bob costas said. i think the idea that we don't have more of a gun culture than i had when growing up is ludicrous. why did he have a gun? think about that. if you are -- if it's only for responsible people, you are taking pain killers and drink and you have a gun. i think in that situation i would prefer he didn't have a gun
cop -- costas is saying ban they law with the government taking away that second amendment right. kirsten, your argument is flawed. megyn: there are reports that the medical examiner said he had no history of head injuries but friend are saying he had several head injuries and had on heavy meds and alcohol to deal with them. he was on some group that decried domestic violence. there is a question about what motivated this crime. a lot of folks are saying he's on drugs. he's -- medical drugs....
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Dec 6, 2012
12/12
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this is a state where we govern from the middle, whether the government is dupont, castle or marcell, with senators roth, coons or biden or kaufman. where democrats and republicans actually like each other and we want to get things done and do what's right for our state. with that in mind we hope some of our friends and neighbors can join us later today in the russell building up on the third floor and we'll make a toast to delaware and enjoy some goodies. it is a joy to serve with my friend. coon coon thank you very much, senator -- mr. coons: thank you very much, senator carper. with that, madam president, i yield the floor. mr. bennet: madam president? the presiding officer: the senator from colorado. mr. bennet: thank you. let me be the first to congratulate my two friends from delaware on delaware day. happy delaware day. we have a lot of great things in colorado but i'm not going to try to outcompete you on beaches this afternoon. we don't have a lot of those. but i do think it puts me in mind of something, and that is our constitution. delaware, as senator coons mentioned, was
this is a state where we govern from the middle, whether the government is dupont, castle or marcell, with senators roth, coons or biden or kaufman. where democrats and republicans actually like each other and we want to get things done and do what's right for our state. with that in mind we hope some of our friends and neighbors can join us later today in the russell building up on the third floor and we'll make a toast to delaware and enjoy some goodies. it is a joy to serve with my friend....
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Dec 5, 2012
12/12
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what is the north korean government saying about it this time, greg? >> reporter: all means a lot to the new young leader kim jong-un. it is meant to mark the first anniversary of the death of his father, kim jong-il and mark the end of the year which is supposed to show the impoverished nation is on its way to be strong and prosperous. we're seeing pongyang manage the message more than usual domestically and internationally. my contacts say this country could very well call the launch successful whatever happens. secretary of state hillary clinton is in europe this week at a meeting in nato in brussels. her message is pretty clear. it wants north korea to stop this. if this missile works, bill, the range could be over 6,000 miles. that would put whatever it is launching in the payload in the range of los angeles. bill: greg palkot, watching that out of london. six minutes past. >> this is not north korea's first attempt at this. since 1998 the country has conducted four long-range missile tests. all of them failed out over the ocean. in that time u.s.
what is the north korean government saying about it this time, greg? >> reporter: all means a lot to the new young leader kim jong-un. it is meant to mark the first anniversary of the death of his father, kim jong-il and mark the end of the year which is supposed to show the impoverished nation is on its way to be strong and prosperous. we're seeing pongyang manage the message more than usual domestically and internationally. my contacts say this country could very well call the launch...
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Dec 7, 2012
12/12
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that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i mean, i guess what -- even if hampton is still there, i don't know, they said no sandy effect, but i'm seeing a minus 42,000 on construction and goods producing. how can that not be? >> no. i think that's some of the sandy effect coming through. with katrina what the bls did is they made some adjustments for the fact that they got a lot fewer respondents from the people who were affected by the storm and my guess is this go-around they decided no to the do that for whatever reason, wait for other data to come in. once we get that data coming in, they will revise down. what you're seeing in the construction jo
that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i...
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Dec 2, 2012
12/12
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on this question of big government. you'll hear what we want is small government, right, small enough as is our joke, on a transvaginal probe as we saw in the context of bob mcdonnell. yet, this blew me away. the quinnipiac poll off bob mcdonnell's approval rating. he's actually doing quite well with women, quite well with african-americans, quite well with young people. this is the guy who proposed the transvaginal ultrasound procedures in virginia. am i missing something here? >> voters are not -- again, that whole single issue, you can't zero in on onish eye. i'm a little biased, he is my governor. i will give that caveat. think of the end of the day. to your point, we have to be much broader from an optics and a tone standpoint. that's obvious. those pictures speak a thousand words. to all due respect, there are very credible women and minorities within a party, within the ranks that we should elevate very credible, white men and others that we should also elevate through the ranks. i think again, they do well becau
on this question of big government. you'll hear what we want is small government, right, small enough as is our joke, on a transvaginal probe as we saw in the context of bob mcdonnell. yet, this blew me away. the quinnipiac poll off bob mcdonnell's approval rating. he's actually doing quite well with women, quite well with african-americans, quite well with young people. this is the guy who proposed the transvaginal ultrasound procedures in virginia. am i missing something here? >> voters...
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Dec 7, 2012
12/12
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it is a government effort to balance what passengers want and safety concerns. airline pilots can use ipad flight manuals, begging the question, if they can, why can't we? >> when we use this device, all of the transmission capability is turned off. the problem in the cabin is that there's so many possible combination of personal devices, cell phones and ipads, that the industry hasn't come up with an acceptable test standard to truly determine if in those infinite combinations there's interference. >> reporter: a recent study noted 75 instances in which consumer electronics were suspected of disrupting airplane systems. some are skeptical. >> i don't think it really effects the planes any. so i look at it as an optional rule, if that makes sense. >> i think someone needs to prove to me it is really an issue. i don't know if it's true or not. >> reporter: carl beer sack with a cell phone advocacy group wants to take it a step further. >> people do more than ipad and nook. they actually want to talk to someone, that's what a cell phone is about. >> reporter: and
it is a government effort to balance what passengers want and safety concerns. airline pilots can use ipad flight manuals, begging the question, if they can, why can't we? >> when we use this device, all of the transmission capability is turned off. the problem in the cabin is that there's so many possible combination of personal devices, cell phones and ipads, that the industry hasn't come up with an acceptable test standard to truly determine if in those infinite combinations there's...
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Dec 7, 2012
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government. federal government sent them a notice. 25 were compliant. the other 25 were toast. >> the justice department of this week. that's right. >> the day that both measures kicked in, in washington state and colorado the justice department said we wanted to remind everybody the illegal substance under federal law. we have no choice but to enforce the law and it's also to congress to change the law. were they bluffing? >> this is like al smith, the governor of new york said federal government, this is your prohibition. you try to enforce it. in america today, bill 99% of all marijuana arrests are at the local and state government level. federal government only arizona big mrarpz. entails they are not going to be knocking door to door and sniffing or anything? >> no. let alone the idea they are going to interfere. back in 2010 when that lost boy 3 percentage points, the idea the federal government was going to interfere with the sacramento state government. >> these are the first two states i
government. federal government sent them a notice. 25 were compliant. the other 25 were toast. >> the justice department of this week. that's right. >> the day that both measures kicked in, in washington state and colorado the justice department said we wanted to remind everybody the illegal substance under federal law. we have no choice but to enforce the law and it's also to congress to change the law. were they bluffing? >> this is like al smith, the governor of new york...
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Dec 4, 2012
12/12
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the treaty does not give the federal government or any state government any new powers with respect to children with disabilities. it doesn't change the balance of power between federal and state government. it doesn't require any change to existing state or federal law. the justice department, former republican attorney general dick thornburgh testified before the foreign relations committee that any assertion to the contrary is incorrect and our committee even included language in the resolution of advice and consent to absolutely crystallize those limitations. and finally there are those who argue that a lame-duck session is the inappropriate time for senators to consider this treaty. my colleagues, please. since the 1970's alone the united states senate has approved treaties during lame-duck sessions a total of 19 times. there's nothing special or different about a lame duck. it's a session of the united states congress. and just as we are going to consider important fiscal matters, we should consider other important matters. our constituents expect us to do our jobs, and there's n
the treaty does not give the federal government or any state government any new powers with respect to children with disabilities. it doesn't change the balance of power between federal and state government. it doesn't require any change to existing state or federal law. the justice department, former republican attorney general dick thornburgh testified before the foreign relations committee that any assertion to the contrary is incorrect and our committee even included language in the...
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Dec 10, 2012
12/12
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, but little government, right? >> well, i guess we're talking a little bit of both. because illinois makes everybody's government look little or small by comparison. you know, on my license plate it says illinois, land of lincoln. but my guest, wes mosser, wes, what a great first name. i feel like that should be a character in a clint eastwood movie. what did you call illinois? >> land of 10,000 governments. >> is that the most in the entire country? >> most in the country. >> i want you to tell me first of all how you know this? >> well, every ten years the census bureau does a survey of local governments and they count up all the local governments for every state in the whole country, school districts to basic districts, anything with taxes authority -- >> let me start you right there. anything with taxing authority. so, there is a reason for the proliferation of illinois fifedom and that is to get inside people's wallets. so you're talking about raising money. whether it's through municipal bonds like board of e
, but little government, right? >> well, i guess we're talking a little bit of both. because illinois makes everybody's government look little or small by comparison. you know, on my license plate it says illinois, land of lincoln. but my guest, wes mosser, wes, what a great first name. i feel like that should be a character in a clint eastwood movie. what did you call illinois? >> land of 10,000 governments. >> is that the most in the entire country? >> most in the...
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Dec 4, 2012
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that means people on government payroll or getting something from the government. that ratio is out of whack. it means it's in a death spiral. there is a second reason. financial stability of these states is really in doubt. they are really going down in terms of the debt that they've got and the taxes that they're piling on. so they're not considered credit worthy. so there is more takers than makers and the credit worthiness of these states is going down. that's why they use this extreme language. death spiral. >> gretchen: and so part of the death spiral then is don't buy a house in these circumstances? >> yes. that's advice. that's what forbes is saying. that's what bill baldwin, the author is saying, look, avoid this. if you get a job in california, for example, one of these death spiral states, okay. you take the job if it's a good job, but don't buy a house there. you rent. if you've got a business in illinois, for example, you don't think of going to california, move your business to california. no. you don't do that. you think of moving to texas where the
that means people on government payroll or getting something from the government. that ratio is out of whack. it means it's in a death spiral. there is a second reason. financial stability of these states is really in doubt. they are really going down in terms of the debt that they've got and the taxes that they're piling on. so they're not considered credit worthy. so there is more takers than makers and the credit worthiness of these states is going down. that's why they use this extreme...
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Dec 3, 2012
12/12
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the government says that's not necessary. by jingo, michael, if the press gets out of line on this pregnancy, there will be statutory underpinning before you can say whatever. what they'll be watching closely is how everyone else reacts. the commonwealth countries, australia, new zealand, canada, the paparazzi from the european countries. that is going to be the litmus test here. >> richard, as always, good to see you, my friend. richard quest here in london. it's going to be a busy nine months for you too. i look forward to the coffee mugs and commemorative plates. >> thanks. >>> more serious news, it could be the end perhaps of the two-state solution in the middle east. what we're talking about is a highly controversial israeli plan for a housing development in eastern jerusalem. it's a settlement that's going to make the creation of a viable contiguous palestinian state pretty much impossible. let's show you why. the proposed construction would separate the west bank cities of bethlehem and ramallah from jerusalem. essenti
the government says that's not necessary. by jingo, michael, if the press gets out of line on this pregnancy, there will be statutory underpinning before you can say whatever. what they'll be watching closely is how everyone else reacts. the commonwealth countries, australia, new zealand, canada, the paparazzi from the european countries. that is going to be the litmus test here. >> richard, as always, good to see you, my friend. richard quest here in london. it's going to be a busy nine...